Skip to content

Credit Unions: Break Free From the Historic ~6% Mortgage Share Ceiling

For over a decade, credit unions’ mortgage share has been stuck at around 6%, while non-bank lenders increasingly dominate home purchases, refinances, and expand into home equity. 

MeridianLink® Mortgage’s future-focused technology helps credit unions overcome lending challenges and turn that ~6% ceiling into consistent growth. 

With an industry-leading LOS, powerful APIsa built-in product and pricing enginehundreds of compatible integrations, and more, MeridianLink Mortgage helps you originate, sell, and purchase loans faster so you can bring more mortgage business in-house. 

By combining the speed and ease of competitor banks and IMBs with the trust and culture that sets your credit union apart, MeridianLink Mortgage creates seamless, engaging borrower experiences that drive more closed loans and stronger member relationships. 

iStock-1432217108 1

     

iStock-1432217108 1

The MeridianLink Mortgage Difference 

Break the Mortgage Ceiling 

Deliver streamlined and engaging member experiences that boost business among existing relationships and attract new members. 

Increase Pull-Through Rates 

Accelerate approvals and closings with faster cycle times powered by intelligent, streamlined workflows. 

Grow & Sustain Profitability 

Gain more control over margins with automation and efficiency that reduce costly manual processes. 

Reduce IT & Operational Strain 

Simplify management with a scalable, cloud-based platform that frees up resources, reduces tedious manual work, and lowers overhead expenses. 

Measurable Results

93%

Conversion Rate

MeridianLink Mortgage customers have achieved conversion rates as high as 93%. 

56%

Faster Processing

Average application processing times are up to 56% faster than the industry average. 

50%

Fewer Closing Costs

Closing costs have decreased by upwards of 50%. 

Turn the Ceiling Into Your Launchpad With MeridianLink Mortgage

Schedule a Demo

Additional Resources

Faster Closings & Funding

Discover how MeridianLink Mortgage optimized lending workflows, enabling this credit union to help more members close on their mortgage loans in under 30 days.

A Step-By-Step Guide to LOS Implementation

Explore a detailed breakdown of the typical steps in mortgage LOS implementation.

How Long Does an LOS Upgrade Really Take?

See what to consider when upgrading your mortgage LOS and the opportunities it can uncover.